Cftc Accuses South African Bitcoin Club Mirror Trading International Of Committing A $1.7b Fraud

PwC Venezuela’s Twitter Account Attacked by Hackers

  • Hackers attacked PwC and shared scam links with unsuspecting users.
  • The posts, shared by the hacker, remained on the Twitter page for several hours, showing that the administrators were unaware of the situation.

PwC Venezuela’s Twitter account was reportedly compromised, and the hackers behind it wasted no time posting links on the page. These links are thought to be phishing links, meant to scam unsuspecting users. The handlers of the PwC Venezuela Twitter account did not seem to have been aware of the intrusion as the hackers retained access to the social media site and continued promoting the scam link for a long time.

Several users grew concerned that the persistent hacker could swindle traders and investors who clicked the link, exposing them to serious danger. Others claimed that PwC risks facing a major loss if several users encounter loss as the Twitter page has over 35,000 followers.

Scams involving links have been on the increase in recent months. Usually, victims of these scams are asked to contribute some cryptocurrency in the expectation of receiving more in return. Unfortunately, they receive nothing in return.

Over the past few months, there have been numerous instances of hacking in the cryptocurrency market involving DeFi protocols and crypto exchanges. A Brazilian exchange called BlueBenx announced a compromise on its platform a few weeks ago. The exchange stated in its announcement that the hacker made off with over $32 million in the local currency.

As a result of the hack, the trading platform ceased operations, denying over 20,000 users entry and access to their accounts and payments. Several users expressed their doubts over the claims that the exchange had suffered a hack. Many felt unconvinced by the story behind the hack.

Crypto investors are losing faith in crypto exchanges due to the rising number of hacks in the industry. Some of these platforms are accused of neglecting security measures, while others appear to use a scam story as an exit strategy.

The collapse of Celsius and Voyager marked a low point for many crypto investors. Both platforms failed as a result of Terra’s downfall. Investors lost millions of dollars to both Celsius and Voyager, and many have begun to explore other possible investment opportunities.

Lawrence Woriji Verified

Lawrence has covered some exciting stories in his career as a journalist, he finds blockchain-related stories very intriguing. He believes Web3 will change the world and wants everyone to be a part of it.

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